The pullback of Bitcoin has not yet completed, waiting for the real buying point!

Synchronously notifying that Hongshen's long position has exited with a small loss in fees. Currently, it seems that the four-hour level pullback of Bitcoin is still not complete, waiting for the real buying point to appear. It is not recommended to short in the evening layout because the average price of Bitcoin is still above the MA30. In the evening, if Bitcoin pulls back to the 106000 level, it remains a bullish buying point. As long as it does not break the support at 105000, it remains a bullish trend. If it breaks, we will follow the trend and take a short position.

Evening operation suggestions

Long around 106000 Target 108000

Breakout at 109000

If it pulls back and breaks below 105000, a short position can be taken.